18 December 200709:17

Sverdlovsk Region Railways and South Ural Railways violate federal property management regulations

It has been recently revealed that Sverdlovsk Region Railways and South Ural Railways (parts of Russian Railways Public Company) violated the federal property management regulations. The public prosecution authorities found out that Sverdlovsk Region Railways has no proper control over the use and management of land allotments, with 15% of renting agreements never registered by the state or filed in the cadastral database. The company’s Perm division, for instance, never registered 5 million square meters worth of land allotments and did not officially file twelve renting agreements. Besides,
18 December 200709:15

Used Japan cars can get to Russia easily, Sakura Cars says

'Importing Japan cars to Russia should be no problem at all; today, we are allowed to import cars that are three to seven years old,’ CEO Sakura Cars Alexander Kipnis said to UrBC. Mr. Kipnis says all these cars are fitted with oxidation catalysts and low-emission systems, which means they all meet the international standards adopted in 2005. 'The suppliers will need a little more time to get all the papers ready, but our customers are not going to be affected price-wise,’ Mr. Kipnis notes. The ban on the import of cars that fail to meet the EURO 3 environmental standards will come
18 December 200709:11

ChTPZ Group delivers 1,758,000 tons of tubes and pipes in January-November 2007

Chelyabinsk Tube Rolling Plant and Pervouralsk New Pipe Plant (ChTPZ Group’s largest tube and pipe manufacturers) supplied their consumers with 1,758,000 tons of tubular goods in January-November 2007, which is 11% better than in January-November 2006 when the figure only came to 1,577,000 tons. ChTPZ Group sold 973,800 tons of tubes and pipes in the eleven months of the year, which exceeds the figures for a year earlier (that is, 877,200 tons) by 11%. These figures include an 18% increase in the amount of large-diameter pipes: it came to 546,300 tons compared with only 463,600 tons of LDPs
18 December 200709:07

Ural Electronic Plant and United Mediagroup get searched

'We had to search the premises of Ural Electronic Plant because of a suit that was filed by the local customs in regard to customs duty evasion,’ reported Valeriy Gorelikh, the press officer of Sverdlovsk Region Department of Internal Affairs. 'United Mediagroup was searched as well, since this company is located right on the premises of the plant. It’s too early to speak of any definite results yet,’ he added.
18 December 200709:05

RUSAL’s Social Welfare Project Center looks at its performance in 2007

RUSAL’s Social Welfare Project Center’s Board of Trustees met in Krasnoyarsk to assess the results of the Center’s activity in 2007. The Center runs seven social projects in fourteen Russian cities and supports community service projects proposed by schoolchildren and young people. The Center also aims to promote amateur sports and educate children environmentally. All the projects are chosen through competitions, so all those applying for a grant have equal chances. ‘The year 2007 was a very fruitful one for us. The Center entered some new regions and set up branches in Sverdlovsk and
18 December 200709:03

SKB-Bank’s net assets exceed 28.6 billion RUR on December 1, 2007

The volume of SKB-Bank’s net assets exceeded 28.6 billion RUR on December 1, 2007, which is 10 billion RUR better than at the beginning of the year, the bank’s press officer reports. In addition, the bank’s loan portfolio grew impressively as well, doubling since the beginning of the year and reaching 19.6 billion RUR on December 1, 2007. What is more, the bank was able to attract more than 25.6 billion RUR worth of investments, including 8 billion RUR deposited by private individuals. SKB-Bank is now one of Russia’s largest provincial banks in terms of subsidiary network development. The
18 December 200709:01

Value of UralSib Management Company’s investment stock goes down in December 2007

The value of UralSib Management Company’s investment stock went down in December 2007 from 5,564.62 RUR on December 11, 2007 to 5,557.25 RUR on December 12, 2007. This information was published in compliance with the demand that any joint stock investment fund and/or a management company of unit investment trusts must promptly reveal any essential data that might influence their stock price.
17 December 200709:15

SKB-Bank’s bonds get on RTS Board on December 13, 2007

SKB-Bank’s bonds got on RTS Board on December 13, 2007, the bank’s press officer reports. The amount of bonds comes to 1 million, the face value of each bond comes to 1,000 RUR. SKB-Bank originally went through with its first issue of ruble bonds on June 21, 2007; these bonds were to be in circulation for three years, the first coupon interest rate was determined at 9.75% a year. RTS Board is an information system meant for quoting of shares, bonds, and other types of securities. The Board has more than 1,400 types of securities on its list at the moment, with over 250 banks and investment
17 December 200709:13

Sberbank’s Ural branch sets up new office in Yekaterinburg

A new office of Sberbank’s Ural branch can now be found at 52 Kraul St. in Yekaterinburg, the bank’s press officer reports. The new bank outlet offers its customers a wide range of services and products for natural persons such as ruble deposits, loans, processing of housing bill payments as well as of other types of payments, handling transactions involving coins made of precious metals, and money orders. In addition, the office is equipped with an ATM that can be used for both getting some cash and paying one’s housing bills, taxes, parking tickets, and so on. Even though the ATM is now
17 December 200709:09

Uralmash Machine Building Corporation signs agreement with Nizhniy Tagil Iron & Steel Works

Uralmash Machine Building Corporation signed an agreement with Nizhniy Tagil Iron & Steel Works regarding the delivery of a casting crane capable of lifting up to 225 tons. The delivery is expected to take place in the fourth quarter of 2008. The spokesperson for the Corporation reports the crane is to be designed by Uralmash Engineering and to be produced at Uralmashzavod. The weight of the equipment is estimated at 290 tons. The plant is also making two drums for Nizhniy Tagil Iron & Steel Works at the moment; the contract to this extent was signed in August 2007; the shipment of
17 December 200709:03

MegaFon Ural launches Mobile TV

MegaFon Ural has recently launched its newest Mobile TV project; television programs can now be broadcast onto the screen of your mobile phone. At the moment, programs are available from three television channels: these are A-One, Music Box Ru, and Vesti-24. MegaFon Ural is currently negotiating with twelve more channels. 'We are not expecting the demand for Mobile TV to be very high for the time being, as the service is little known in Russia as of yet. Still, foreign marketing agencies report mobile TV viewing is very popular in Japan, Korea, and Italy,’ MegaFon Ural’s GD Denis